Note Investing And Buying Bankruptcy Loans

As much as we may hate to think about bankruptcy, it’s probably something we’re going to see a lot of soon once all of these COVID restrictions get lifted. This is because many people who have equity in properties over the last couple of years and those who may have been unemployed or have trouble paying their mortgage would be filing for bankruptcy instead of losing their house. For note investors, this could be a lucrative project. In this episode, Chris Seveney and Jamie Bateman discuss several case scenarios of bankruptcy and note investments you can take advantage of. They explain the difference between Chapter 13 and Chapter 7, and discuss what you as an investor should know if you want to start buying bankruptcy loans or if those you already own go into bankruptcy.

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